Pulcra Chemicals looks to woo investment partner

03 September 2007 12:07  [Source: ICIS news]

LONDON (ICIS news)--An investment bank has been given the task of finding an investor or partner for Pulcra Chemicals in order to help it maximise its performance, parent company Cognis said on Monday.

 

“Lincoln International is an investment bank that specialises in merger and acquisition transactions and it has been tasked with finding a suitable investor or partner for Pulcra Chemicals, who can help it to develop its business successfully,” the company said.

 

The Monheim, Germany-based company said in a statement it had invited Lincoln to review the options after Cognis decided to concentrate on the three core business areas of care chemicals (detergents, cleaners, cosmetics and toiletries), nutrition and health and functional products (adhesives,
agro solutions, consumer coatings, emulsion polymerisation and graphic arts).

 

Pulcra Chemicals, which supplies process chemicals to the textile and leather industries, became a separate company on July 1 2007.

By: Lucy Craymer
+44 20 8652 3214

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